Insurance

How many difference types of insurance you know?

How many types of insurance are available in the market right now?

  1. Health insurances
  2. Life insurances – insurance which pay a lump sum to survivors after a person died.  There are two types of life insurance: pure insurance (term life insurance – 5 years term, 10 years term, 20 years term,..) and cash-value insurance (whole life insurance, universal life insurance, variable life insurance,…).  Life insurance which involves in investment is cash-value insurance.
  3. Auto insurances – car insurance, motorcycle insurance,…
  4. Home insurances – insurance which cover if there is something happen to your property.
  5. Mortgage insurances
  6. Flood insurances – insurance which cover the property if the property got damage because of flood.
  7. Travel insurances
  8. Business insurances – general liability insurance, product liability insurance, commercial property insurance, professional liability insurance, home-based business insurance…
  9. Accidental insurances
  10. Credit insurances
  11. Disable insurances
  12. Long term care insurances
  13. Wage insurances – a type of insurance which cover the wage of a person when he/she is unable to work.
  14. Gap insurances
  15. Long term insurances
  16. Short term insurances

Check insurances and other money savings for more great helpful stuff.

Yaskme
July 2, 2015 8:38 am

Sources:

  1. money.cnn.com/retirement/guide/insurance_life.moneymag
  2. sba.gov/content/types-business-insurance